That makes private financing a solid option for folks with non-traditional credit or complex financial situations that banks might shy away from.Then there’s the tailored approach to loan terms.

You're likely looking at a 25% down loan for a non-owner occupied. 

Some condos are non-warrantable meaning you have to use non-government backed loans.

Where I have a Handyman Business that I started when I retired from a Government job after 30 years.   

Lurking as I'm in a similar scenario IF I sell an owned property currently being used as a rental in my home state.Ill apologize in advance for hijacking the post but wanted to keep this public for others' input too.

We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.

That said, I've seen many of these carriers are pulling away from habitation exposures (non-renewing a good portion of that business).  

I would recommend reaching out to @Denver McClure as he may be able to help with a non-conventional loan

Quote from @Benjamin Finney: Chris, interesting niche on non-performing mortgages/ rtl's.

In Oceanside, New non-hosted STRs are prohibited outside of the Coastal Zone as of February 10, 2024.Most HOA's do not allow rentals less than 30 days so that is likely not an option unless you find a couple of places on the water that allow it but usually tough to find below $1M.